This cozy, lakefront, 2 bedroom home is the perfect rental opportunity! Nestled at the end of a private driveway you will have true serenity at home. Inside you will find, bright, open spaces with panoramic lake views. The kitchen overlooks the dining and living room, making this the perfect spot to hang out and enjoy the ambiance of the electric fireplace and hearth. You will be able to take in the lake views during all the seasons from the heated sunroom that also opens up to a wrap-around porch. There is a full bathroom with washer and dryer. A large yard makes enjoying all the lake has to offer super easy and a gradual entrance to the lake makes getting in a breeze! There is ample parking. The rental can come fully or partially furnished depending on what your needs are. All utilities will remain including electric range, refrigerator, washer, dryer and microwave. Landlord will take care of snow removal and lawn care. Tenant is responsible for heat, electricity, cable and internet. Fiber optic internet is available. 6 month or 1 year lease preferred.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $2,000 | $2,000 | $2,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $13 | $13 | $17 |
Total Monthly Payment | $88 | $88 | $92 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.